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79 acres Auction

Madison County, Iowa

06-11-2019 2:00 PM

William Drake Estate Auction

Auction Location

This is an online auction only.

Listing No.: DDA - 2549

Date: 06-11-2019
Bidding Ends: 2:00 PM


Macksburg, IA 50155
Bidding Online Only

Bid Online

Directions to Farm

From Macksburg, head south on County Rd P53 for 1 mile. Turn right onto 310th St. The farm will be on your right. Watch for signs.

Auction Details

This is a timed online auction. ALL bidding will take place online. The multiplier for this farm will be 78.71 acres x Bid. If you are unable to bid online please contact Auctioneer Tom Bradley 515-202-7687 to make arrangements to place bids offline.

Agent Comments

This is a gorgeous piece of Southern Iowa hunting property with income from CRP paying $6,977 and an additional $800 from rent on farm ground. This property is home to whitetails, turkeys, pheasant and lots of other wildlife. If you're looking for a hunting get away with some income, set up a time to come look at this Southern Iowa property in Madison County just south of Macksburg. 

Sale Method

This is a timed online auction.

Legal Description

SE 1/4 and the SW 1/4 of the SE 1/4 Section 16, Twp 74N, Range 29W

Possession

Immediate possession at closing, with the exception of 4 acres currently being rented. Buyer will receive landlord possession of the rented acres at closing.

Closing

On or before August 12, 2019

Soil Productivity

48.9 CSR2

Taxes

$938.00 Annual

Earnest Money

5% due upon signing of purchase agreement

Terms and Conditions

Identification will be required to register to bid during this auction. Video and audio recording devices will be in use during the auction which may be broadcast via the Internet or used in other places. Bidding increments are at the sole discretion of the Auctioneer who may accept or reject any bid. Immediately upon conclusion of the auction the high bidder(s) will enter into a real estate contract and deposit with DreamDirt Farm and Ranch Real Estate LLC or other approved holding account the proper non-refundable earnest deposit. The Seller(s) will provide a current abstract or other title conveyance instrument at their own expense unless otherwise noted. The sale is not contingent upon buyer financing, all bids are cash bids. This sale is subject to all easements, covenants, leases, and restrictions of record. Buyers must do their due diligence prior to bidding. All property is sold on an "As is – Where is" basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller unless specifically stated. You agree by bidding that you will enroll any CRP acres in your name upon gaining ownership or abide by continuing requires of any government programs or conservation programs on the farm or pay any necessary penalties should you choose not to. The seller reserves the right to accept or reject any and all bids. The successful bidder(s) acknowledges that they are representing themselves or have hired representation using their own financial means to complete the auction sales transaction. Any announcements made on auction day by the Auctioneer will take precedence over any previous material or oral statements. The Auctioneer may accept absentee, phone or Internet bids from bidders who can not attend the auction or bid on behalf of the seller to advance toward any reserve until the reserve is achieved. Bidding remotely does not guarantee anonymity. All decisions of the Auctioneer are final. The auction is open to the public contingent upon proper behavior. The Auctioneer may ask you to leave if your behavior is not in the best interest of the seller.


Contact


Tom Bradley, Land Broker l Auctioneer

Work: (855) 376-3478

Cell: (515) 202-7687

Email: Tom@DreamDirt.com


Jason Smith, Broker / Auctioneer

Work: (855) 376-3478

Cell: (515) 537-6633

Email: Jason@DreamDirt.com

©2018 DreamDirt Farm and Ranch Real Estate. We have obtained all disseminated information from sources we have deemed to be reliable but do not warrant or guarantee any information. It is possible that information has been omitted or reported to us in error. All lines drawn on maps are approximate. All acreages are stated as more or less. Representatives of DreamDirt Farm and Ranch Real Estate LLC may offer opinions based on the best information available at the time using assumptions and estimates but this does not guarantee any performance financial or otherwise. It is imperative that you rely on professional advice from legal, tax, financial or other advisors to make any decisions based on your own investigation.


Tract 1

79 Acres
Tract Detail

37.78 Acres in CRP 

Legal Description

SE 1/4 and the SW 1/4 of the SE 1/4 Section 16, Twp 74N, Range 29W

Soil Productivity

48.9 CSR2